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20121129
20121207
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CNNW 13
CNN 2
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English 15
Search Results 0 to 14 of about 15 (some duplicates have been removed)
CNN
Nov 29, 2012 8:00am PST
will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked to the president about many of them. you can can look at
CNN
Dec 4, 2012 6:00am PST
happens, this fiscal cliff as we've been calling it, it will impact their state's economies. according to the ppew report, these states rely on federal money. things like education would be impacted. they're here to put pressure not only on the president but lawmakers up on the hill to get this deal done. >> takes place in about an hour. dan loathian, reporting from th white house. >>> nearly 15 million households rely on food stamps. republicans say it's far too many. it's government assistance out of control. certainly a major theme during the republican primary. >> president obama has been historically the most effective food stamp president in american histor history. >> in light of the continuing controversy over food stamps, new jersey democratic mayor cory book booker will live on food stamps saying, quote, nutrition is not a responsibility of the government. >> as you mentioned this all sort of began as a back and forth on twitter. we'll get to that in detail in a moment. first i want you to look at something that mayor booker posted on his twitter account. it is a grocery stor
CNN
Nov 29, 2012 11:00am PST
all, be all to not go over the fiscal cliff? keeping that in mind, would that wreck havoc in the business community? >> yeah. i can't speak for all business leaders but generally speaking a tax hike, a rate increase is not good for the economy especially at this time. this process is very disappointing. after everything we have been through and after the cam pin and the election, it seems like it's still a same tactical political poker it's always been. and the problem here is the world is watching. and it's almost like our system is being tested. can these guys still -- can these folks, these people, the congress, can the system still solve problems? >> we're -- the system is being tested by the very people who are -- which is odd. >> i know. >> they don't have to test it. they don't have to test the system. they can come to agreement without testing the system or that close. >> they should be able to. right, right. what i'd want to do is a spirit of, boy, get this done and forget parties. think of the nation. >> yeah. >> you don't see that. now, what speaker boehner said
CNN
Nov 29, 2012 6:00am PST
, anything? >> reporter: you know this. the fiscal cliff is going to have a huge impact on the economy. in fact, a big european economic group this week dialed back its estimates for u.s. economic growth this year. and other economists are warning that things may not be so rosie, partly because of concerns about the cliff. now, businesses are already cutting back, even though corporate profits are up. and when you look at today's report, here's the interesting part, carol. government spending, federal government spending is a huge reason why the economy grew in q3. it rose 9.5%. but here's the thing. if you slash that government spending, if and when the fiscal cliff goes into effect, that can really eat into gdp and is part of the reason the congressional budget office has said if we do go over the cliff, the u.s. could go back into a recession. carol? >> alison kosik at the new york stock exchange. >>> well, someone is waking up this morning as a multimillionaire. winning tickets for the powerball's record-breaking $580 million jackpot were sold in arizona and missouri. last night's
CNN
Dec 3, 2012 11:00am PST
fiscal cliff? >> absolutely. if you look at the markets worldwide and the economies and the auto industry, nearly a third of the market will be north and south america. a third will be europe and russia and africa. and about a third of the market will be asia pacific. and in china's case, to your point, china now has replaced the united states as the largest auto market. the chinese veitremendous respe for history. they know about henry ford and lincoln. so we'll be bringing the first lincoln vehicles to china in 2014. >> alan mulally, ford president and ceo. thank you for coming on. we appreciate it. >> thank you. >>> now this. an infant left without her parents after an nfl player just snaps. and now as a city mourns, sportscaster bob costas goes off on gun control. i'm brooke baldwin. the news is now. >>> if syria's chemical weapons are on the move, who's watching them? and where do they end up? >>> plus, as eight more people die in chicago -- >> we walk through a front door that was wide open. you can see the equipment is here. this was defunded by the program because they couldn't fi
CNN
Dec 2, 2012 3:00pm PST
. they are not experts on the fiscal cliff. if you speak to those who know, they will tell you it is a bad thing to go over that cliff. and still you're saying maybe we should do it. what is -- what's the sense of doing that? >> we have had 17 debt and deficit commissions since 1982 and listened to the experts every time. the national debt went from $1 trillion to $16 trillion. congress does not cut spending. they have been saying for a long time we need a balanced approach. the experts say we need a balanced approach. the so-called fiscal cliff is the most valid approach out of congress and now they don't want to do it. >> what happens if we do go over this cliff, aaron? our credit rating, what it means for those incentives and for the cuts that kick in automatically, what does this mean for us because it is not good by any means. >> see, it is a cliff -- >> you think it's a false deadline. >> i absolutely do. i think that suddenly markets will not crash, the bottom will not fall out. the world will not end. what will happen is that it will force members of congress to kick the can down the road to a
CNN
Dec 5, 2012 11:00am PST
and washington continues to push america's economy toward a fiscal cliff. republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been li
CNN
Dec 4, 2012 11:00am PST
next year. the doom and gloom of the fiscal cliff hides an important point about our economy. we play our cards right, america could be headed for another economic renaissance. short-term indicators are looking good. jobs are being created, consumer debt is shrinking. the housing market is making a comeback. forget silver linings, housing has been the golden lining around the economic cloud hanging over the country. mortgage rates are expected to stay low through 2014. home affordability is as good as it it's been in generations. that's going to attract buyers who spent the last few years waiting for prices to bottom out. that's going to help millions of homeowners who currently owe more on their homes than the home is worth. the home prices rising, confidence will return. and longer term prospects also have some real hope in america. we're in the midst of a domestic energy boom that will fuel growth for years to come. advances in horizontal drilling and hydraulic fracturing, you've heard it as fracking, have changed the economics of natural gas recovery. that sent prices way down, lo
CNN
Nov 30, 2012 6:00am PST
year. of course, if the fiscal cliff does come to be and the economy slows or dips back into recession, things will really slow down. what automakers are doing is continuing to push the sales of smaller cars, which is what the public wants, because tgas prics are rising. sales of these types of vehicles do real well in places like california where people drive long distances and where a lot of people are very concerned about the environment and want to drive hybrid or electric vehicles. so even though they haven't been so strong throughout the rest of the country, companies like general motors continue to push ahead with these vehicles. here is their newest introduction, which will be on the market in 2014. only available for sale in california and in oregon initially. this is the chevy spark. it is an all electric vehicle that will get somewhere south of 100 miles on a full charge. what's really cool about this vehicle is you'll be able to charge it up to 80% capacity in just 20 minutes. that is a challenge, though, getting the rest of america outside of places like california to buy
CNN
Dec 6, 2012 11:00am PST
, new york. >>> starbucks ceo says going over the fiscal cliff is a bitter brew for the global economy. ali is back with more on that. >>> plus, time to buy apple stock? that's next. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] can't find theraflu? try alka-seltzer plus for fast, liquid, cold, and flu relief. ♪ >>> democrats need to own up to taxes because they can't have their cake and eat it, too. from the cnn money newsroom, i'm ali velshi. this is "your money." i'm going to tell you what others won't about the fiscal cliff. the head of starbucks said it will damage the u.s.'s reputation and shenanigans from capitol hill and with a cool 500 bucks to spend, should you use the
CNN
Dec 6, 2012 9:00am PST
folks worried now about the fiscal cliff. one economist worried that a budget deal will actually hurt the economy and send unemployment sky-high. i'll hear what he has to say up next. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping
CNN
Dec 2, 2012 1:00pm PST
or political reality, there's more to going over the fiscal cliff far beyond hypothetical. >> i think we're going over the clif. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's the choice we have to make. >> emily joins us live from washington and so ellie, did anyone on any of the talk shows offer something resembling a bipartisan deal, or was effort just negativity? >> when the weekend began, an official who's very familiar with this -- as we saw on the talk shows today, there's no word that anything has been added to anyone's calendars in the past couple of days. so is there hope a deal can be reached? certainly that hope is still alive. but is there a timeline in place as to when it will happen, that's not known. >> emily schmidt, for us live in washington. thanks so much. >>> a series of suicide car bombings leave five people dead in eastern afghanistan today, insui insure gents -- taliban has claimed tonight for the attacks. >>> the internet blackout is over in syria. meanwhile a
CNN
Dec 2, 2012 4:00pm PST
or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the zinger sound bites, they're all piling up. what is the actual strategy behind all this political theater? what are you hearing from the republicans and from the democrats? >> reporter: you know, less than a month out now from going over the fiscal cliff. even talk about political strategy sounds an awful lot like posturing. we heard it from secretary geithner who said republicans seem to be in a hard place on this, not knowing what to do next. speaker boehner said, look, democrats won the election but they seem to have forgotten that republicans still control the house. at this point if there is any middle ground th
Search Results 0 to 14 of about 15 (some duplicates have been removed)